Odaily Planet Daily News: After the Federal Reserve announced a slowdown in its balance sheet reduction, Bitcoin rebounded from below $83,000 and briefly broke through $88,000. Some analysts believe that market volatility may soon subside, and many negative factors may have been digested by the market. Sina G., co-founder of 21st Capital, said that market uncertainties surrounding tariffs and government spending may be resolved in the coming weeks, and the market focus may shift to tax cuts, deregulation and interest rate cuts, policies that may attract more capital to flow into the Bitcoin and digital asset sectors.
Nansen Chief Research Analyst Aurelie Barthere also said that tariff-related uncertainties may be easing, and the US government, especially Treasury Secretary Bessant, has taken a more pragmatic approach in tariff negotiations. (Yahoo)